Las Vegas Is Going Bitcoin as Local Businesses Adopt BTC

CryptoFrontNews
BTC-0,2%
  • Las Vegas businesses adopt Bitcoin to avoid 2.5–3.5% card fees, keeping more revenue as operating costs rise.

  • QR-based Bitcoin payments are fast and simple, helping merchants attract crypto users and boost foot traffic.

  • Square’s zero-fee Bitcoin rollout and national brands like Steak ’n Shake accelerate local adoption.

Bitcoin payments are spreading across Las Vegas as more local businesses begin accepting the cryptocurrency. According to FOX News, the shift is happening across retail, food, and service industries. Business owners say rising operating costs and high credit card fees pushed the move, while simpler technology made Bitcoin payments easier to manage.

Lower Fees Drive Merchant Adoption

Many Las Vegas merchants cite transaction costs as the main reason for adopting Bitcoin. Credit card processors typically charge businesses between 2.5% and 3.5% per transaction. By comparison, Bitcoin transaction fees remain significantly lower.

Jeremy Quercy, a Bitcoin consultant, told FOX News that merchants want alternatives as expenses rise. He explained that Bitcoin reduces reliance on intermediaries. Therefore, businesses keep more revenue per sale.

Mike Peterson, CEO of Bouncy World Mega Playground & Cafe, confirmed the savings matter. He said Bitcoin fees cost only a fraction of card charges. Since adoption, roughly 20 to 30 customers have paid using Bitcoin. Notably, usage continues to increase steadily.

Simpler Payments Attract New Customers

Beyond cost savings, business owners point to ease of use. Quercy said customers complete payments by scanning a QR code. Payments process instantly using standard Bitcoin apps.

Cane Juice Bar and Cafe, located on Rainbow near Windmill, adopted Bitcoin eight months ago. District manager Tyler Peterson said Bitcoin appeals to everyday customers. He added that callers frequently ask whether the store accepts Bitcoin.

According to Peterson, Bitcoin maps also drive foot traffic. Customers locate nearby businesses that accept digital currency. As a result, the café gained new visitors specifically seeking Bitcoin payment options.

National Chains Join Local Bitcoin Trend

The trend extends beyond small businesses. Steak ‘n Shake introduced limited-edition Bitcoin-themed menu items in Las Vegas. The chain also offers employees a Bitcoin bonus of $0.21 per hour worked. However, payouts follow a two-year vesting schedule.

Meanwhile, Square enabled roughly four million U.S. merchants to accept Bitcoin with zero processing fees through 2026. This change removed a major barrier to adoption. Consequently, Las Vegas merchants gained broader access to Bitcoin payment infrastructure.

FOX News reported that Bitcoin acceptance now spans restaurants, juice bars, medical practices, and children’s play facilities. Together, these developments show how Bitcoin continues integrating into everyday commerce across Las Vegas.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin ETF Inflows Turn Positive for Year, All Flow Metrics Green for First Time in Months

Gate News message, April 23 — Bitcoin spot ETFs are gaining momentum as all flow metrics tracked by Bloomberg turned positive for the first time in months, according to Bloomberg Senior ETF Analyst Eric Balchunas. Ben Slavin, global head of ETFs at BNY Asset Servicing (which services 80% of the

GateNews1h ago

Bloomberg Analyst Mike McGlone Flags $75,000 as Critical Bitcoin Level for 2026

Gate News message, April 23 — Bloomberg analyst Mike McGlone has released an assessment of Bitcoin's performance relative to traditional markets, highlighting $75,000 as a critical threshold for BTC in 2026. According to McGlone's analysis, Bitcoin and the S&P 500 have shown similar performance

GateNews2h ago

Bitcoin Eyes $80,000 as ETF Inflows, Whale Buying Support Rally

Bitcoin is trading near $78,400 on Thursday after reaching an intraday high of $79,426 on Wednesday, according to The Block's price data. Institutional flows have supported the advance, with spot Bitcoin ETFs recording $11.8 million in inflows on April 21 as part of a six-day streak, while spot Ethe

CryptoFrontier2h ago

Bitcoin at $81,848 Would Trigger $1.56B in Short Liquidations on Major CEXs

Gate News message, April 23 — According to Coinglass data, if Bitcoin breaks above $81,848, cumulative short liquidations across major centralized exchanges would reach $1.56 billion. Conversely, if BTC drops below $74,105, cumulative long liquidations would total $1.428 billion.

GateNews5h ago

Bitcoin Futures Open Interest Declines 5.74% in 24 Hours, Total Positions at $60.08B

Gate News message, April 23 — According to Coinglass data, Bitcoin futures open interest across all exchanges fell 5.74% over the past 24 hours, with total positions now standing at $60.08 billion. Among major platforms, a leading CEX

GateNews6h ago

Bitcoin and Ethereum Options Worth $98.7B Set to Expire

Gate News message, April 23 — Bitcoin and Ethereum options with a combined notional value of $98.7 billion are set to expire this month. According to on-chain data, 109,000 BTC options will expire with a put-call ratio of 0.93 and a maximum pain point of $72,000, representing a notional value of $85

GateNews7h ago
Comment
0/400
No comments